HSBC To Close 82 Branches This Year
By: BBC January 19, 2021 HSBC is to close 82 branches in the UK between April and September this year, claiming customers are turning to digital banking. The company will have 511 branches across the country following the closure programme. Managers said they did not expect to make any redundancies, with staff moved to […]
It’s Time To Tidy Up Space
By: The Economist January 14, 2021 Everybody’s business, an old saw has it, is nobody’s business. And that is a good description of the business of keeping outer space clean and tidy. Yet the part of space nearest Earth, known technically as low-Earth orbit, is getting cluttered. Some of the objects up there are […]
Microsoft Slams Google Over Threat to Shut Search Engine in Australia
By: The FT February 3, 2021 Microsoft has moved to capitalise on Google’s threat to shut its search engine in Australia, throwing its weight behind efforts to make Big Tech pay for news content and offering to transfer small businesses to its rival service Bing at no cost. The Seattle-based company on Wednesday […]
Robinhood Looks For In-House Lobbyist Amid Backlash From Lawmakers
By: The Hill January 29, 2021 Financial service company Robinhood is hiring to bulk up its lobbying portfolio amid scrutiny after lawmakers have ripped its decision to stop trading of GameStop and other companies whose stock has skyrocketed this week. GameStop, along with several other stocks, were restricted by Robinhood after a group […]
Paykey Launches Trading Functionality to Compete With ‘Wild West’ App Market
By: City AM February 2, 2021 The Gamestop frenzy last week not only showed the power of retail investors but the popularity and risks associated with free trading apps. Robinhood, which promises no user fees, faced backlash from investors after sharp swings in the value of stocks meant it was forced to restrict […]